Housing Market Is Raising Serious Red Flags
Bloomberg, Oct. 15, 2018–Lakshman Achuthan
Despite a robust U.S. economy, at least as measured by gross domestic product, real home price growth is locked in a cyclical downturn. If that’s not bad enough, it will likely get worse based on the same approach and factors that correctly flagged the housing bust–in real time–in early 2006.
